All Finance articles – Page 104
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NewsBakery firms make Top Track 250 table
Bakery companies and retailers have made it on to The Sunday Times 250 mid-market private companies index.
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NewsUK retail affected by late summer
UK retail sales were up 0.7% on a like-for-like basis from September 2012, according to the British Retail Consortium.
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NewsGreggs “encouraged” by 0.5% LFLs dip
Greggs, the leading high street bakery chain, said this morning it was “encouraged” by improving like-for-like sales (LFLs) - however the key metric for the group remained in negative territory.
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NewsTwo Sister’s enters fray for Burton’s Biscuits
Two Sisters Food Group is reported to be bidding for rival company Burton’s Biscuits.
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Product NewsTate & Lyle: “profitable growth” on track
Tate & Lyle, the international speciality ingredients producer, this morning said it expected to deliver “another year of profitable growth”
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Product NewsAB Mauri acquires Gb Plange
AB Mauri has entered into an agreement to acquire Gb Plange, for an undisclosed sum, British Baker can exclusively reveal.
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NewsAryzta gives positive full-year update
Arzyta has revealed a 9.3% increase in revenue, to €1.4bn (£1.17m) within its Food Europe arm, for the full year to 31 July 2013.
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Finsbury poised for growth
Finsbury Food Group is gearing up for organic growth in cakes and speciality bread after a “transformational” year during which it sold its gluten-free arm and invested in its core business.
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NewsFood and grocery market worth £206bn by 2018
The UK food and grocery market is set to be worth £206bn by 2018, increasing by over a fifth (21%) says The IGD.
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NewsBakery Market Report to launch in 2014
British Baker is to release its comprehensive research into the retail bakery market at an exclusive networking event and business seminar next year.
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Food inflation hits 2.5% in August
Food inflation rose 0.3% to 2.5% in August from 2.2% in July, according to the British Retail Consortium (BRC).
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NewsHigh street could lose 20,000 shops by 2016
One in eight British shops could be forced to close within three years, says a report due to be released this week.
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NewsBurton’s releases full-year results
Burton’s Biscuit Company has increased its underlying profits by 24% to £34.6m, according to its full-year results.
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Co-op announces £2m loss in food profits
The Co-operative Group has revealed a decrease in underlying operating profits to £117m in its food business sector, falling from £119m last year.
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Product NewsSainsbury’s reveals sustained growth for 2013
Latest grocery share figures from Kantar Worldpanel show sustained growth for Sainsbury’s throughout 2013.
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Product News
EHL records organic sales rise
EHL Ingredients has reported an increase in sales of its organic ingredients for the second year running.
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NewsNFU embarks on annual harvest survey
The National Farmers’ Union of England and Wales (NFU) is asking members to complete its annual harvest survey, launched this week.
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NewsBAKO holds interactive workshop for bakers
On 24 July BAKO North Western hosted an interactive workshop for bakers to learn about marketing and social media.
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NewsGreggs’ shares slump on LFL decline
Shares in Greggs, the country’s largest bakery retailer, fell by 7% yesterday after the company revealed its like-for-like sales (LFLs) were down by 2.9% in the first half of the year.
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Households prepare to cut back this Christmas
Households are planning and budgeting harder than previous years, according to research conducted by Asda.